Investment Management and Advisory Services

The Town of Coventry, Connecticut is seeking professional investment management and advisory services for its municipal pension assets. The agency requires these services to manage and optimize plan assets totaling approximately fourteen million dollars. The selected partner will resolve the agency's need for ongoing portfolio oversight, strategic financial guidance, and structured committee support. The scope of work covers comprehensive investment management, including portfolio construction, asset allocation, security selection, implementation, ongoing monitoring, and portfolio rebalancing. Requested advisory services include strategic asset allocation guidance, investment policy support, and capital market assumptions and outlooks. The agency also requires performance monitoring through quarterly performance reporting, benchmark comparisons, and risk and attribution analysis, alongside committee support such as meeting attendance, educational presentations, and ongoing communication. Eligible bidders must be onshore organizations based in the United States. The agency requires the selected partner to perform the work onsite in Coventry, Connecticut. Bidders must submit their proposals digitally via email or through the designated online portal, and the agency is currently looking for budget proposals to determine the cost of these services.